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Technology Stocks : America On-Line (AOL)
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To: ANANT who wrote (40379)11/26/2000 6:42:45 AM
From: ANANT  Read Replies (1) of 41369
 
TOO CLOSE TO CALL: That's the AOL-Time Warner merger, of course.
Washington Wire
Nov 24,2000
Federal antitrust enforcers set a closed-door meeting Thursday on the proposed union. FTC officials demanded that Time Warner sign up an AOL rival before carrying AOL's service on its high-speed cable pipes. A new deal with Earthlink must win FTC blessing before a merger is approved.

Confidential terms of the contract give Earthlink high-speed service for less than phone firms are offering for competing service, industry executives say. That could push down Internet-access costs, helping consumers. But it may not be enough for FTC members, some of whom have other competition problems with the merger.

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